Colorado set another record for legal recreational marijuana sales in February, breaking the previous months record. The opening of new stores contributed to the increase in marijuana sales. I have yet to travel to Colorado to make a purchase, but I know many that have. Legal marijuana is fairly expensive in Colorado, but most people don’t mind. Per The Cannabist:
Around $39.2 million of recreational cannabis was sold in state shops in February, according to calculations based on data provided by the Colorado Department of Revenue. The previous monthly record for recreational sales was January 2015-s $36.4 million.
Much of that growth comes from additional shops opening up in still-new recreational cities, including Aurora, Colorado’s third most populous city that only started selling retail pot last October, experts say.
“We just opened the ninth store in Aurora,” said Meg Collins, vice president of business development for Good Chemistry, which operates a shop in central Denver and its brand-new flagship store in Aurora (in addition to being part-owners of Denver shop Wellspring). “The activity in Aurora has helped boost those sales and tax numbers, and people are also getting more comfortable with purchasing legally, knowing that it’s available and becoming a bit more mainstream, and that’s helping sales, too.
For the second month in a row, Colorado’s legal marijuana industry generated more than 2 million dollars for Colorado schools. I don’t think there’s a state school system in America that couldn’t use an extra two million dollars in its budget, let alone a monthly boost of that amount. Every time I see encouraging numbers like this from Colorado, I picture Kevin Sabet taking shots of whiskey in an attempt to drown his sorrows. Why isn’t every state doing this?
